The Supreme People’s Procuratorate’s prosecutors stated that because cybercrimes have been more common in recent years, prosecutorial authorities have stepped up their efforts to combat them, particularly those that violate children’s rights. In a press conference hosted by China’s Supreme
PayPal’s cryptocurrency partner Paxos overpaid $510,750 for a transaction on the Bitcoin network. The so-called “fat finger” mistake, implying human error, is now thought to be a bug. The smoke clears A crypto payment blunder originally attributed to PayPal was
Payments processor PayPal is further integrating cryptocurrency into its services. The payments giant has now launched crypto-to-USD conversions (aka off-ramps) for customers in the U.S. According to a blog on the PayPal website, the off-ramp service will increase access to
Following a security breach that removed $1 million from its funds, the decentralized futures trading platform Cypher has unveiled its comprehensive recovery strategy. Operating on the Solana blockchain, the platform faced severe scrutiny after it paused its smart contract, promptly
Cryptocurrencies and blockchain technology are transforming as Coinbase, a cryptocurrency exchange in the United States, takes a strategic step forward. The company has secured an equity stake in Circle Internet Financial, a player in stablecoin issuance. Today Coinbase and @circle
Tether (USDT), Dai (DAI), and RAI stablecoins will no longer be available for trade on Coinbase’s Canadian platform as of August 31 due to legislative changes in the country. The company emailed customers on August 17 to inform them of
PayPal’s new stablecoin, dubbed PayPal USD (PYUSD), is not so much a program to boost blockchain-based payment services as a marketing stunt designed to cash in on the cryptocurrency hype, according to some analysts. The company launched its dollar-pegged stablecoin
A recent series of tweets from Adam Cochran has cast a shadow over the future of Huobi, the world’s 12th-largest crypto exchange. Cochran alleges that the exchange might be on the brink of insolvency, a revelation that has sent shock
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